Comparison between Ola Electric Mobility IPO and Sanstar IPO.
Ola Electric Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ola Electric Mobility IPO is up to ₹6,145.56 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Ola Electric Mobility IPO is ₹76.00 per share and of Sanstar IPO is ₹95.00 per share.
| Ola Electric Mobility IPO | Sanstar IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹72.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹76.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹76.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹7.00 per share | |
| Market Lot Size | 195 shares | 150 shares |
| Fresh Issue Size | 72,37,57,627 shares | 4,18,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹5,500.06 Cr | up to ₹397.10 Cr |
| OFS Issue Size | 8,49,41,997 shares | 1,19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹645.50 Cr | up to ₹113.05 Cr |
| Issue Size Total | 80,86,99,624 shares | 5,37,00,000 shares |
| Issue Size Total (Amount) | up to ₹6,145.56 Cr | up to ₹510.15 Cr |
Ola Electric Mobility IPO opens on Aug 02, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Ola Electric Mobility IPO and Sanstar IPO is Aug 06, 2024, and Jul 23, 2024, respectively.
| Ola Electric Mobility IPO | Sanstar IPO | |
|---|---|---|
| Anchor Bid Date | Aug 01, 2024 | Jul 18, 2024 |
| Issue Open | Aug 02, 2024 | Jul 19, 2024 |
| Issue Close | Aug 06, 2024 | Jul 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 07, 2024 | Jul 24, 2024 |
| Initiation of Refunds (Tentative) | Aug 08, 2024 | Jul 25, 2024 |
| Credit of Share (Tentative) | Aug 08, 2024 | Jul 25, 2024 |
| Listing date (Tentative) | Aug 09, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 1 | Sep 05, 2024 | Aug 23, 2024 |
| Anchor Lockin End date 2 | Nov 04, 2024 | Oct 22, 2024 |
Ola Electric Mobility IPO P/E ratio is -17.69, as compared to Sanstar IPO P/E ratio of 19.98.
| Ola Electric Mobility IPO | Sanstar IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 45.14 | 99.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.78 | 70.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -17.69 | 19.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹33521.75 Cr. | ₹1731.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.92% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-4.30 | ₹4.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -78.46% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ola Electric Mobility IPO Retail Individual Investors (RII) are offered 8,07,90,252 shares while in Sanstar IPO retail investors are offered 8,07,90,252 shares. Qualified Institutional Buyers (QIB) are offered 24,23,70,758 shares in Ola Electric Mobility IPO and 1,07,40,000 shares in Sanstar IPO.
| Ola Electric Mobility IPO | Sanstar IPO | |
|---|---|---|
| Anchor Investor Reservation | 36,35,56,135 shares | 1,61,10,000 shares |
| Market Maker Reservation | ||
| QIB | 24,23,70,758 shares | 1,07,40,000 shares |
| NII | 12,11,85,378 shares | 80,55,000 shares |
| RII | 8,07,90,252 shares | 1,87,95,000 shares |
| Employee | 7,97,101 shares | |
| Others | ||
| Total | 80,86,99,624 shares | 5,37,00,000 shares |
Ola Electric Mobility IPO subscribed 4.45x in total, whereas Sanstar IPO subscribed 82.99x.
| Ola Electric Mobility IPO | Sanstar IPO | |
|---|---|---|
| QIB (times) | 5.53x | 145.68x |
| NII (times) | 2.51x | 136.49x |
| Big NII (times) | 2.75x | 149.44x |
| Small NII (times) | 2.03x | 110.61x |
| RII (times) | 4.05x | 24.23x |
| Employee (times) | 12.38x | |
| Other (times) | ||
| Total (times) | 4.45x | 82.99x |
